---
schema_version: "secwatch.filing_event.v1"
accession: "0001758766-26-000078"
form_type: "8-K"
ticker: "STEM"
cik: "0001758766"
company_name: "STEM, INC."
filed_at: "2026-08-12T20:30:43+00:00"
generated_at: "2026-08-12T20:32:19.071187+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stem Q2 2026: revenue $33.7M (-12%), adj EBITDA $6.2M +63%, reaffirms FY26

## Summary
- Revenue $33.7M, down 12% YoY; software/services/edge hardware revenue $33.4M, up 1% YoY.
- GAAP gross margin 41% (up from 33%); non-GAAP gross margin 55% (up from 49%).
- Net loss $14.4M vs net income $202.5M in 2Q25; adjusted EBITDA $6.2M, +63% YoY.
- Bookings $36.8M, up 39% from 1Q26; contracted backlog $27.1M, up 18% sequentially.
- Reaffirmed full-year 2026 guidance; fifth straight quarter of positive adjusted EBITDA.

## SEC filing metadata
- accession: 0001758766-26-000078
- form_type: 8-K
- ticker: STEM
- cik: 0001758766
- company_name: STEM, INC.
- filed_at: 2026-08-12T20:30:43+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758766/000175876626000078/0001758766-26-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758766/000175876626000078/stem-20260812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001758766-26-000078
- JSON: https://secwatch.observer/filing/0001758766-26-000078.json
- Plain text: https://secwatch.observer/filing/0001758766-26-000078.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.